If we cannot manage money properly, than life cannot be successful. Everyone should know how to manage money. First one should have some money from their daily expenses. If we save 15% of our income regularly, it will be very useful in times of need.
Money can we used in the following ways:
1. Dally expenses
2. Buying necessary things
3. Starting new business
But money should not be wasted unnecessarily . No becomes poor by saving a little money everyday. Never spend all the money at once . If you land money to someone make sure that the person is trustworthy.